Join our free webinar on July 4th at 4:00 PM to gain insights into the dematerialization of securities and recent amendments. Register now for key updates.
Join our free webinar on July 7 at 5 PM for insights into 10 recent High Court income tax judgments favoring assessees. Expert analysis by CA Dipak Dama.
CA Umesh Sharma Karniti: Taxpayers please note recent changes in Income Tax Return Keeping conversation between Lord Krishna and Arjuna as the foundation, we will learn certain basic financial and tax matter in KARNITI series of articles. Let us try to get answers to our questions in a bit different and joyful manner. The character […]
CA Gaurav Mittal Yesterday, the government has placed a draft notification for comments on the MCA Website relating to exemptions granted to private companies. Private companies are closely held business entities that are not permitted to invite the public to subscribe to their shares or accept deposits from the public. Private companies are defined under the […]
ACS Divesh Goyal INCORPORATION DOCUMENTS: Company shall preserved at its Registered office: All Documents and Information as ORIGINALLY filed with ROC For Incorporation of Company (under Section-7 sub-section (1)) To be preserved permanently till its dissolution under this Act by the Company. PCS who will Incorporate Company will maintain the copy of All the documents […]
New Companies Act enacted with stricter compliance for related party transactions. The intention of the legislature in having stricter compliance to refrain the corporate world from fraudulent transactions under the cover of sister concerns. With newly enacted provisions the transactions with the related parties will be more transparent and more informed to the shareholders of the company. Let us understand the provisions of related parties in detail.
Delhi, being the trading centre, issuance of credit notes in respect of discounts and incentives by the sellers to the buyers is a common marketing phenomenon. Where the consideration as per the original sale bill is reduced due to offer of discount, incentives, etc., credit note is issued by the seller to the purchaser.
